Verbiest Alex
ActiveThe computed 12-month bankruptcy probability of Verbiest Alex is 2.0% (moderate). The 2024 annual accounts show equity of €153k and a net result of €8k. Equity is growing by ~37.7% per year across the filed fiscal years. Its solvency ranks better than 64% of 9982 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability72▼-15
Solvency80▲+6
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 2.12 against 1.75 in 2023; short-term debt: 30.2% and cash: 8.6% of total assets), and 44.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
30 d late
2022
25 d late
2021
3 d late
2020
20 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€153k▲ 5.2%
2023 · €146k
2020: €21k
2021: €43k
2022: €103k
2023: €146k
2020 → 2024
Total assets
€276k▼ 6.9%
2023 · €297k
2020: €71k
2021: €91k
2022: €243k
2023: €297k
2020 → 2024
Net result
€8k▼ 82.0%
2023 · €42k
2020: €16k
2021: €22k
2022: €60k
2023: €42k
2020 → 2024
Working capital
€93k▼ 0.9%
2023 · €94k
2020: €-2k
2021: €7k
2022: €45k
2023: €94k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€21k-€43k▲ 108%€103k▲ 139%€146k▲ 40.7%€153k▲ 5.2%
Operating result€20k-€27k▲ 36.0%€74k▲ 174%€54k▼ 27.0%€9k▼ 82.5%
Net result€16k-€22k▲ 41.8%€60k▲ 167%€42k▼ 29.9%€8k▼ 82.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 83% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €276k
Fixed assets
€99k▲ 29.8%
Current assets
€177k▼ 19.6%
Equity and liabilities €276k
Equity
€153k▲ 5.2%
Debt
€123k▼ 18.5%
The debt ratio falls from 50.9% to 44.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€39k▼
2023 · €78k
Cash flow
€37k▼
2023 · €66k
Solvency
55.5%▲
2023 · 49.1%
Current ratio
2.12▲
2023 · 1.75
Quick ratio
1.58▲
2023 · 1.57
Debt / equity
0.80▼
2023 · 1.04
ROE
5.0%▼
2023 · 28.9%
ROA
2.7%▼
2023 · 14.2%
Interest coverage
21.98▼
2023 · 59.15
Debt
€123k▼
2023 · €151k
Debt ≤ 1 year
€84k▼
2023 · €126k
Debt > 1 year
€39k▲
2023 · €25k
Income taxes
€2k▼
2023 · €12k
Staff costs
€50▼
2023 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€297k€276k▼
Fixed assets21/28€76k€99k▲
Tangible fixed assets22/27€74k€97k▲
Land and buildings22€23k€22k▼
Plant, machinery and equipment23€9k€6k▼
Furniture and vehicles24€42k€69k▲
Other tangible fixed assets26€812€591▼
Financial fixed assets28€2k€2k=
Current assets29/58€220k€177k▼
Stocks and contracts in progress3€23k€45k▲
Stocks30/36€23k€20k▼
Contracts in progress37-€25k
Amounts receivable within one year40/41€77k€103k▲
Trade receivables40€45k€42k▼
Other amounts receivable41€32k€62k▲
Cash at bank and in hand54/58€113k€24k▼
Deferred charges and accrued income490/1€8k€5k▼
Equity and liabilities
Total equity and liabilities10/49€297k€276k▼
Equity10/15€146k€153k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€141k€148k▲
Amounts payable17/49€151k€123k▼
Amounts payable after more than one year17€25k€39k▲
Financial debts170/4€25k€39k▲
Amounts payable within one year42/48€126k€84k▼
Current portion of amounts payable after more than one year42€14k€18k▲
Financial debts43-€6k
Credit institutions430/8-€6k
Trade debts44€82k€57k▼
Suppliers440/4€82k€57k▼
Taxes, remuneration and social security45€30k€3k▼
Taxes450/3€30k€3k▼
Remuneration and social security454/9€371€0▼
Accrued charges and deferred income492/3€182€182=
Income statement
Code20232024
Remuneration, social security and pensions62€9k€50▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€29k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€88k€41k▼
Operating profit (loss)9901€54k€9k▼
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€54k€9k▼
Income taxes67/77€12k€2k▼
Profit (loss) for the period9904€42k€8k▼
Profit (loss) for the period to be appropriated9905€42k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€141k€148k▲
Profit (loss) brought forward from the previous period14P€98k€141k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Weakest financial yearnet €8k ▼82%
Net result drops to €8k, the lowest in the series.
31-12
Financial
Equity above €150kEq €153k ▲5.2%
5 profitable years in a row build equity to €153k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
31-12
Financial
Highest result since 2020net €60k ▲167%
Operating result €74k, net result €60k, both a record.
31-12
Financial
Equity above €100kEq €103k ▲139%
3 profitable years in a row build equity to €103k.
03-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 3 days late
2021
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Tielt-Winge · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Reststraat 983390 Tielt-WingeGround area
3,159 m²
Building footprint
426 m²
Volume, LiDAR
1,820 m³
2 parcels, Flanders · tallest building 8.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Verbiest Alex
since 20192.292.009.436
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24123A0623/00_000 | Flanders | 2,031 m² | 1 · 237 m² | 8.0 m · 1 fl. |
| 24106F0384/00A003 | Flanders | 1,127 m² | 1 · 189 m² | 5.7 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 297 EUR awarded · 297 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 297 EUR | 297 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 29,810 companies in sector 41001 we hold annual accounts for 16,032. 12,586 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-08-2019
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
42220Construction of utility projects for electricity and telecommunications
42990Civil engineering
43110Demolition
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.veralec.be
E-mail:info@veralec.be